Commodity Lead jobs
To get the most value out of a procurement operation, a commodity lead is often employed to deal directly with suppliers on behalf of the purchasing company. They will have a multitude of specific roles, but in essence they will be expected to keep costs as low as possible while maintaining the expected level of supply as per the business’s production requirements.
The commodity lead will need to keep a keen eye on the industry as a whole, checking out prices from a range of suppliers as a matter of routine. Identifying savings elsewhere will put the company in a stronger negotiating position with existing suppliers, creating a win-win situation as long as the competitor can meet delivery expectations. However a well negotiated long-term deal that saves future time and expense of seeking out new suppliers is far preferable.
Of course, it’s not all about saving money in simple terms; a good deal is about much more than that. Supplier might charge more for reasons that could prove highly advantageous to your own business, that save you more than they cost the supplier (perhaps because of their buying power in the sector, for example). So delving deep into bids from potential suppliers and modelling their propositions against your own company’s projections will form a key part of the job.
The skills required
The ideal commodity lead will have had some experience in procurement and will know their way around a negotiating table, representing their employer. They might well accompany superiors to such negotiations, where their in-depth knowledge of the particular deals in question will be used to strengthen the company’s position. Because negotiations are often fast-paced, a good grasp of maths, particularly mental arithmetic, will be vital for instinctively taking the temperature of a deal in progress.
Great communication skills and the ability to easily work in a team will be essential, as will competence at problem solving and forming firm, assertive decisions based on the best available data.
Commodity Lead Jobs in Basingstoke
Situated in north-east Hampshire, less than 50 miles from London and just 16 miles from Reading, Basingstoke is a lovely town that has expanded significantly since the end of the 20th century. Today, it offers a variety of possibilities for those seeking Commodity Lead vacancies.
With its beginnings as a Saxon village, Basingstoke was a fairly large settlement at the time of the Domesday Book, with a population of around 200, three water-powered flour mills and a weekly market.
By the 13th century, this population had nearly tripled and the town was granted a charter in 1257 - at the time, its economy mainly relied on the production of wool and cloth.
The railway arrived in Basingstoke in 1839, simplifying transport and trade between the town and London, as well as offering connections the following year to Winchester and Southampton.
Later in the 19th century, Thomas Burberry set up his first shop in Basingstoke, and his brand grew to become a household name - one which continues to be known for its luxury fashion and tartan pattern, although the company is now headquartered in London.
These days, Basingstoke is an economic hub and home to the UK headquarters of a number of large financial, insurance and technology companies - including Motorola, Sony Professional Solutions, Sun Life, The Automobile Association and ST Ericsson. Meanwhile, pharmaceuticals facilities are operated by the likes of Mercona, Valeant, Steris, Shire and Biomerieux.
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Cast UK’s procurement opportunities
Cast UK were founded by specialists in the logistics, supply chain and procurement trade, and our consultants are also drawn from these backgrounds, so we know what employers and candidates are looking for.
If you’re looking for a job in procurement, whether you’re relocating for personal reasons or are simply looking for more job fulfilment, there could well be an employer who’s looking for the skills you have, so please get in touch with Cast UK. At any given time, we have jobs all over the UK, so wherever you live, or plan to live, we are well placed to find work that suits your skills. Employers often approach us to find managerial and executive candidates, so if you’re in logistics, we’d be delighted to hear from you.
To find out more about how Cast UK can help you recruit a Commodity Lead for your business or find you a job as a Commodity Lead then contact one of our consultant team on 0333 121 3345.
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